This article analyses the changes that have been made to the registration of trusts with the HMRC’s Trust Registration Service. Ultimately the registration system has been greatly extended by new rules that were introduced on 6 October 2020. Following an outline of the new registration requirements, the article thereafter goes on to argue that the changes may greatly affect the number of people willing to become trustees. Furthermore, the inevitable privacy concerns for trustees are considered, as under the new system third parties will be able to apply to see the information contained on the register.
Lloyd Brown, Registering express trusts: a necessary clarification or step too far?, Trusts and Trustees, https://doi.org/10.1093/tandt/ttac052. Published 29 April.